Latest Cobar Basin News

Manuka Resources is set to kick off a significant gold exploration drilling campaign in the Cobar Basin this December, targeting deep extensions at Mt Boppy and shallow deposits at Pipeline Ridge. The results, expected early next year, could reshape the company’s production outlook.

Peel Mining Limited reveals a robust high-grade resource base and ongoing exploration in the Cobar Basin, positioning itself for growth amid a dynamic regional mining landscape.

Australian Gold and Copper Ltd has completed the acquisition of a key exploration licence in the South Cobar Basin, expanding its footprint to 2,600 km² and setting the stage for accelerated exploration.

Regener8 Resources has completed Phase 1 soil sampling at its North Achilles project using advanced Ultrafine™ geochemical techniques, positioning itself to leverage strong metal prices and nearby discoveries in the Cobar Basin.

Manuka Resources has restructured A$18.2 million of trade finance debt with Tennant Metals, converting part to equity and easing its capital costs ahead of a major silver production ramp-up in 2026.

Mount Hope Mining has completed its maiden drilling at the Mt Hope Project, revealing promising high-grade gold intercepts and securing $2.48 million to accelerate exploration efforts.

Mount Hope Mining has raised $2.48 million through a placement and share purchase plan to accelerate drilling at its Mt Solitary gold prospect and the broader 7.5km gold corridor in the prolific Cobar Basin.

Aeris Resources has announced a maiden open pit Probable Ore Reserve for its Constellation Project in New South Wales, underpinning a 5-to-7-year mine life and leveraging existing Tritton processing infrastructure.

Caspin Resources has commenced Phase 1 drilling at its Weethalle Gold Project in NSW, aiming to test a newly identified 2,000m long geophysical anomaly linked to historic high-grade gold mineralisation. The project’s geological setting mirrors that of the prolific Hemi deposit, raising exploration hopes.

Peel Mining has secured $21.25 million through a placement and share purchase plan, while appointing a new leadership team to drive a strategic pivot focused on unlocking value from its copper and polymetallic assets in the Cobar Basin.

Polymetals Resources has identified a promising new zone of massive sulphide mineralisation south of its Endeavor Mine, prompting plans to accelerate exploration efforts.

Peel Mining has significantly increased its Share Purchase Plan to $5 million following overwhelming shareholder interest, reflecting strong confidence in its Cobar Basin assets.